Delta Property Fund Ltd 2024 IR
The report details Delta Property Fund Limited's performance for the fiscal year ended February 29, 2024, highlighting the execution of its turnaround strategy. Key achievements include a 68.5% increase in SA REIT Funds from Operations to 18.7 cents per share and a significant rise in operating profit to R399.2 million. The company successfully reduced its debt by R183.1 million and improved its Covenant Loan-to-Value ratio to 59.4%. Additionally, Delta maintained its Level 1 B-BBEE rating and advanced its ESG integration by aligning with UN Sustainable Development Goals 5, 8, and 12.
Company: Delta Property Fund Ltd
Sector: Real Estate
Country: South Africa
Year: 2024
Type: IR
Pages: 98
Delta Property Fund Ltd
Integrated Report
The report details Delta Property Fund Limited's performance for the fiscal year ended February 29, 2024, highlighting the execution of its turnaround strategy. Key achievements include a 68.5% increase in SA REIT Funds from Operations to 18.7 cents per share and a significant rise in operating profit to R399.2 million. The company successfully reduced its debt by R183.1 million and improved its Covenant Loan-to-Value ratio to 59.4%. Additionally, Delta maintained its Level 1 B-BBEE rating and advanced its ESG integration by aligning with UN Sustainable Development Goals 5, 8, and 12.
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Document Details
Report Year
2024
Reporting Period
Mar 1, 2023 - Feb 29, 2024
Fiscal Year
2024
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board
Workplace Fatalities
Employees